Global TradFi & Macroeconomics

On July 15, Shinhan Asset Management announced a portfolio rebalancing of its SOL AI Semiconductor TOP2+ ETF, adding five semiconductor equipment companies: Wonik IPS, Daeduk Electronics, PSK, VM, and TES, while removing LG Innotek, ISC, RFHIC, Korea Circuit, and Axicom. The rebalancing reflects

According to CLSA analyst Harry Kim, Hanmi Semiconductor posted stronger-than-expected Q2 earnings, with revenue and operating profit beating market consensus by 8% and 13% respectively. The rebound, driven by Micron's solid order backlog (46% of total revenue) and SK Hynix's resumption of

According to Citrini analyst jukan, Samsung Electronics plans to build a new DRAM wafer fabrication plant at its Giheung campus by converting the original site intended for a research center. The facility is expected to produce approximately 100,000 wafers monthly, with total investment reaching ten

Hanmi Pharmaceutical is forecast to achieve Q2 2026 operating profit of 124.1 billion won, more than double the prior year, driven by a $75 million upfront payment from Eli Lilly for a technology transfer deal completed last month. The one-time payment from the licensing agreement for

Hanjin, a BBB+-rated logistics company under Hanjin Group, failed to fully sell a 400 billion won corporate bond offering in demand forecasting held the day before. The 1-year tranche received 190 billion won in orders against a 200 billion won target, leaving 10 billion won unsold. Market

According to Yonhapinfomax consensus, Hanmi Pharmaceutical is expected to report second-quarter operating profit of 124.1 billion won on July 15, surging 105.46% year-over-year. The sharp increase is primarily driven by a 112.9 billion won upfront payment from Eli Lilly for technology licensing of s

According to Jin10, on July 15, the U.S. is advancing negotiations to reopen the Iraq-Syria oil pipeline, which has been dormant for over 20 years, aiming to bypass the Hormuz Strait and reduce Iran's future influence over global energy supply. Special U.S. envoy Thomas Baraka convened officials an

According to Jin10 Futures, CBOT soybean oil futures fell 0.7% on Tuesday, with the decline primarily driven by crush spread unwinding, as traders liquidated long soybean oil and short soybean meal positions. Improving U.S. soybean crop conditions and moderating temperatures expected in the

Shinhan Securities researcher Kim Hyo-jin issued a report on July 14 analyzing the recent KOSPI decline and potential resistance from single-stock leveraged ETF investors during any market rebound. Kim stated the recent KOSPI standalone plunge was excessive, but cautioned that Fed rate hike

Bank of America raised Advanced Micro Devices' (AMD-US) stock price target to $620 from $550, maintaining a Buy rating, citing sustained strength in AI server demand and market share gains for its EPYC processors. The bank expects AMD to exceed market expectations for second-quarter earnings and rai

According to IBM CEO Arvind Krishna, CrowdStrike (NAS: CRWD) closed up 12.14% to $210.73 on July 14, as the cybersecurity stock benefited from IBM's statement on enterprise spending trends. IBM announced that customers have been redirecting quarterly capital expenditures toward infrastructure such a

According to a report from Shin Young Securities on July 15, single-stock leverage exchange-traded fund (ETF) investors' selling pressure may restrict gains as South Korea's KOSPI index attempts to rebound. Researcher Kim Hyo-jin identified concentrated seller resistance in the 8,200–8,400 index

Japan's core machinery orders declined 1.9% year-on-year in May, falling significantly short of the forecast of 12.90% and marking a sharp reversal from the previous month's 15.60% growth.

Japan's core machinery orders fell to -12.4% month-on-month in May, sharply missing expectations of -4.2% and reversing from the prior month's 8.70% gain.

The USD-KRW exchange rate declined to the 1,490 won area on July 15 following US inflation data that came in significantly below market expectations. At 6am Seoul time on July 15, the USD-KRW rate stood at 1,490.50 won,

According to CNBC, JPMorgan and Goldman Sachs reported record quarterly revenues on July 14, driven by surging activity in trading and investment banking. Goldman Sachs' revenue surged 39% to $20.3 billion, while JPMorgan's climbed 27% to $58 billion. JPMorgan's Chief Financial Officer Jeremy

According to KeyBanc analyst John Vinh, Nvidia's Rubin GPU servers experienced thermal control issues that caused a minor production ramp delay, but the problem has been resolved. Vinh expects production volumes to increase starting in July 2026. Vinh maintains forecasts of 1.7–1.8 million Rubin

According to reports, canola futures on the Intercontinental Exchange (ICE) closed down 1.98% on Tuesday, July 15, erasing all gains from the previous session as the market reversed course. Declines in Chicago soybean futures and European canola prices pressured Canadian canola, though gains in

According to CNBC on July 14, Evercore ISI analyst Khayreddine Marrah initiated coverage of SpaceX with an Outperform rating and a $230 price target. SpaceX shares have declined 39% from their $225 IPO level to approximately $136, with the stock down 7% over the past five days amid ongoing